We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · NE1 6BJ
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Ninth-Floor City Living with Skyline Views, Lift Access and Allocated Parking!
* Wake up above the city and enjoy Newcastle's skyline from this impressively spacious two-bedroom apartment, positioned on the ninth floor of the iconic 55 Degrees North development with lift access.
Bright, modern and brilliantly located, this apartment delivers everything you could want from city centre living - generous rooms, fantastic views and the rare bonus of an allocated parking bay.
Secure, video entry system and communal hallway with concierge and lift up to the 9th floor.
Welcoming and spacious hallway with useful storage lead into the apartment and through to the open-plan lounge, dining kitchen, a sociable space made for relaxed evenings, entertaining friends or simply enjoying the views across Newcastle.
The kitchen includes a breakfast bar, perfect for morning coffee, casual dining or working from home. Both bedrooms are genuine doubles.
The principle bedroom is particularly impressive, featuring its own dressing area with fitted storage and an en-suite shower room. A separate bathroom with shower completes the accommodation.
With Newcastle City Centre right on your doorstep, this is an ideal home for anyone wanting space, convenience and a vibrant, urban lifestyle without compromising on parking or views.
Offered with vacant possession, the apartment is ready for its next owner to move straight into and make it their own. Electric heating, double glazing. Leasehold: 101 years remaining.
Service Charge: £366.53 monthly. Ground Rent: £150 per year. Council Tax Band: D, EPC: C.
Primary services supply, Electricity: Mains, Water: Mains, Sewerage: Mains, Heating: Electric heating, Broadband: Fibre Mobile Signal Coverage Blackspot: No Parking: Allocated parking space Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundyering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 9/14, 55 Degrees North, Pilgrim Street, Newcastle Upon Tyne
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